Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Smartlink Holdings Ltd shares at ₹90 and buyback offer price is ₹130, you can get ₹40 per accepted share. If you hold 2222 shares of Smartlink Holdings Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 733 to 1111 shares with the gain from buyback of ₹29320 to ₹44440.
The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.
| % Share Accepted | No of Shared Accepted | Gain from Buyback Offer |
|---|---|---|
| 33% | 733 | ₹29320 |
| 50% | 1111 | ₹44440 |
| 75% | 1666 | ₹66640 |
| 100% | 2222 | ₹88880 |
5
Zerodha Trade@20
List of all questions Ask your question
